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Consolidate your debts and save money.
Are your debts out of control? Too many repayments to make each month?
Debt consolidation might be the answer for you ! | ![]() |
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HOW DOES IT WORK?The case study below outline the basic dynamics of debt consolidation. Mr and Mrs Fredericks approached Lending Solutions to reduce their repayments through debt consolidation. With 2 credit cards, 2 personal loans and a home loan there was an opportunity to bring their monthly loan repayments down. Although debt consolidation does not minimise the total debt itself, see below how they saved $584 every month in repayments.
In this case Mr and Mrs Fredericks planned to: - Use 50% to cover increasing costs of living - Use 50% to increase their loan repayments and pay off their |
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